Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Mawer Investment Management Ltd.

Mawer Investment Management Ltd. reduced its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 6.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 318,330 shares of the semiconductor company's stock after selling 21,110 shares during the period. Mawer Investment Management Ltd.'s holdings in Texas Instruments were worth $59,690,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Fiduciary Alliance LLC lifted its position in shares of Texas Instruments by 25.3% in the fourth quarter. Fiduciary Alliance LLC now owns 36,801 shares of the semiconductor company's stock worth $6,901,000 after buying an additional 7,424 shares in the last quarter. Ameritas Advisory Services LLC boosted its position in shares of Texas Instruments by 73.7% during the 4th quarter. Ameritas Advisory Services LLC now owns 8,739 shares of the semiconductor company's stock valued at $1,639,000 after acquiring an additional 3,707 shares during the last quarter. HB Wealth Management LLC grew its holdings in shares of Texas Instruments by 4.4% in the fourth quarter. HB Wealth Management LLC now owns 99,856 shares of the semiconductor company's stock valued at $18,724,000 after purchasing an additional 4,238 shares in the last quarter. Taika Capital LP bought a new stake in Texas Instruments in the third quarter worth $4,394,000. Finally, Hamlin Capital Management LLC raised its stake in Texas Instruments by 9.2% during the fourth quarter. Hamlin Capital Management LLC now owns 871,623 shares of the semiconductor company's stock valued at $163,438,000 after purchasing an additional 73,715 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company's stock.

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Analysts Set New Price Targets

TXN has been the topic of a number of research reports. Benchmark restated a "buy" rating and issued a $230.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Truist Financial decreased their price objective on Texas Instruments from $199.00 to $195.00 and set a "hold" rating on the stock in a research report on Friday, January 24th. Mizuho dropped their target price on Texas Instruments from $200.00 to $190.00 and set a "neutral" rating for the company in a report on Friday, January 24th. Wells Fargo & Company decreased their price target on Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating on the stock in a report on Monday, January 13th. Finally, Cantor Fitzgerald reiterated a "neutral" rating and set a $200.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $209.20.

Texas Instruments Stock Performance

TXN traded down $12.49 on Thursday, reaching $165.70. 3,903,366 shares of the stock were exchanged, compared to its average volume of 5,734,631. Texas Instruments Incorporated has a fifty-two week low of $159.11 and a fifty-two week high of $220.39. The firm has a market capitalization of $150.77 billion, a PE ratio of 31.93, a PEG ratio of 3.30 and a beta of 0.99. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The company's 50-day moving average price is $185.47 and its 200 day moving average price is $194.24.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same quarter last year, the firm posted $1.49 earnings per share. As a group, sell-side analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were given a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 3.28%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments's dividend payout ratio is currently 104.82%.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Chairman Richard K. Templeton sold 97,000 shares of the company's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $202.72, for a total value of $19,663,840.00. Following the completion of the transaction, the chairman now owns 409,089 shares in the company, valued at approximately $82,930,522.08. This represents a 19.17 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Janet F. Clark sold 6,065 shares of the firm's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $203.62, for a total value of $1,234,955.30. Following the sale, the director now owns 10,816 shares in the company, valued at $2,202,353.92. This trade represents a 35.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 297,655 shares of company stock worth $59,841,304. Insiders own 0.57% of the company's stock.

Texas Instruments Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.